2012-11-01
2012-11-30
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on in colorado, washington, and oregon. "washington journal" is next5. host: gorning, and welcome to the "washington journal." today is saturday, november 10. we begin this morning by looking at some stories regarding a statement that the president made yesterday in a speech addressing the nation, talking about claiming that the election gave him a mandate on taxing the rich. this is how it was reported in this morning's "new york daily news." they write "president obama claimed an election mandate to make the rich pay more in taxes, saying it is the will of the american people, making his first public appearance since his victory. obama said he would open talks with republicans next week on how to prevent painful tax hikes and budget cuts set to automatically take place effective january 1." we want to find out from you, your thoughts on the president's statement claiming that the election gave him the mandate or gives him a mandate on taxing the rich, agree or disagree. we've divided the phones in a little bit of a different manner this morning. 202-585-3880 for those making ove

the tea party and the future of the republican party. welcome to the "washington journal." guest: thanks for having me. i'm happy to be here. host: we've got an article here from the "christian science monitor" with the headline, "will the tea party compromise"" he writes, tea partiers may be more amenable to an agreement on tax revenues now that the electorate has signaled it doesn't especially like what the tea party has been up to. he goes on to say, if there's a mandate in yesterday's results, said speaker john boehner on yesterday, it's a mandate to find a way for us to work together. republicans, he said, are willing to accept new revenue under the right conditions to get a bipartisan agreement over the budget. your thoughts about what robert reich had to say and what the speaker is saying. guest: well, you know, i think that we need to find some common ground. obviously we're facing this fiscal cliff, so we have to find some common ground. everybody's talking about revenue, nobody's talking about cutting. that's really what we need to be focusing on, because you can tax people int

a massive selloff on wall street as investors worry about the status quo in washington. >> tom: i'm tom hudson. the election is over but the fiscal cliff, is just eight weeks away, and it will play into every decision the president makes until january first. >> susie: and the fiscal cliff is a big worry for business leaders. the c.e.o. of caesars entertainment, tells us it'll be "very damaging" for his company. >> tom: that and more tonight on "n.b.r."! wall street greeted the election results with a big sell-off in stocks. investors dump shas of almosevertype, giving the s&p 500 it's worst day since june. beyond the u.s. elections, europe also brought fresh worries for investors with concerns in greece, and germany. here's how the numbers stacked up on wall street. the dow lost 312 points, at it's worst point of the day, the blue chip index was down 369 points. the nasdaq tumbled nearly 75 points and the s&p 500 off 33. suzanne pratt takes a look at where the market goes from here. >> reporter: let's be candid. this is not the election outcome that wall street wanted to see. after all

nation's capital, this is "washington week" with gwen ifill, produced in association with "national journal." corporate funding for "washington week" is provided by -- ♪ ♪ ♪ ♪ >> wherever it goes, the economy comes to life. norfolk southern, one line, infinite possibilities. >> we know why we're here. to connect our forces to what they need when they need it. >> to help troops see danger before it sees them. >> to answer the call of the brave and bring them safely home. >> around the globe, the people of boeing are working together to suprt and protect all who serve. that's why we're here. >> corporate funding is also provided by prudential financial. additional funding is provided by the annenberg foundation, the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: good evening. no one got the chance to catch a post-election breath here in washington before all heck broke loose. filibuster threats, sex scandals, intraparty finger pointing, demands for wat

cliff, we examine the gauntlet's being thrown down tonight on "washington week." >> i think we're all aware that we have some urgent business to do. gwen: at the white house today, talk of compromise. >> it's going to be incumbent on my colleagues to show the american people that we're serious about cutting spending and solving our fiscal dilemma. >> we have the cornerstones of being able to work something out. gwen: but the post-election sparks are flying everywhere else. distinguished generals under fire, accused of inappropriate behavior. >> it was a very sad situation to have a distinguished career like that end in this manner. gwen: lawmakers pledging to get to the bottom of the benghazi attacks draw lines in the sand. >> we will do whatever is necessary to block the nomination that's within our power as far as susan rice is concerned. gwen: and the president pushes back. >> for them to go after the u.n. ambassador and to besmirch her reputation is outrageous. gwen: and mitt romney stirs intraparty recrimination with this post-election analysis. >> it's a proven political strateg

all the hardship we've been through, despite all the frustrations of washington, i've never been more hopeful about our future. >> reporter: president obama returns to the white house this afternoon. moving forward, the president says he'll work across party lines to focus on a number of issues including the economy, tax reform, and immigration policy. >> the next big thing. bigad shaban in chicago. thank you so much. meanwhile exit polls found a divide among race and generations. the president's share of white voters shrunk from 2008. with more, here is anthony mason. >> here are three key groups that helped put the president over the top. the first was women. he won women 55% to 43%. that's about the same margin he won them by in 2008. he also won hispanics 69% to 29%. that's an improvement over how he did four years ago and they're a larger part of the electorate now. they were 10% this time around. four years ago, they were just 9%. finally he won young voters 50% to 36%. not as good as he did four years ago, but still an overwhelming victory among young voters. and when they left

analysis with a white house reporter of "the washington post," and "bloomberg news." "washington journal"is next. ♪ host: what will a recollected administration do with a returning gop majority? what was the message of the election. leaders of both parties give us their take on that yesterday. we want to turn to all of you. your vote, your message to washington. we began with the front page of ."sa today, this is what richard wolf writes. the two sites listed no time sticking out their positions on the potential crisis that is 54 days away. this is what the two leaders had to say yesterday. we will start with harry reid and move on to john boehner. [video clip] >> they are tired of partisan gridlock. i have one goal, to be obama. obama was reelected overwhelmingly. republicans want us to work together. democrats want us to work together. they want to reach a balanced approach to everything, but especially the situation we have with the huge deficit. taxes are a part of that. >> the american people have spoken. they have reelected president obama, and every elected a republican

. this is "your money." the elections are over. the american people have spoken. now it's time for washington to get to work. >> you elected us to focus on your jobs, not ours. >> that's because nothing is more important to our economic recovery than creating jobs. president obama says he'll add 12 million jobs over the next four years. but for his math to work, the pace of economic growth needs to pick up. with a crisis in europe and a slowdown in asia, an economic storm beyond our control stands ready to batter our shores. still, two years of consistent job growth prove we are heading in the right direction, but the fiscal cliff is one storm that will be of our own making unless washington acts. $7 trillion in across-the-board tax hikes and spending cuts over the next decade mandated to begin in january. it's the legislative equivalent of a slow motion train wreck that washington can avoid. the question? will congress and the president drive that train over a cliff? >> we won't solve the problem of our fiscal imbalance overnight. >> the elections are over. the threats to our economy are not

to have you. >>> in the wake of the 2010 midterm elections, a fight broke out in washington over what had been a routine piece of washington business. republicans threatened to vote to force the country to default on its loans. this he were not going to raise the debt ceiling, remember. president obama responded in a prime time address to the nation. he asked the american people to get involved in that fight he was having with the republicans. he asked the american people to get involved directly. >> the american people may have voted for divided government but they didn't vote for a dysfunctional government. so i'm asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. if you believe we can solve this problem through compromise, send that message. >> let your member of congress know. send that message said the president. the american people did. so many american people did that congressional websites and phone lines crashed after the president's speech. house phone circuits were so overwhelmed that an alert went

confidence. plus, your phone calls -- "washington journal is next. host: good morning on this friday, november 23, 2012. we begin overseas. the cease-fire between hamas and israel has held. in egypt, president mohamed morsi showed his authority yesterday. a startling port grab, freeing himself from traditional oversight. president obama followed through on an annual tradition of calling 10 service members to personally thank them for their service. the washington times and the new york times reporting there are now more state capitols dominated by a single party that than at any time since 1952. the washington times question, is this the answer, secure for gridlock? we'll get your answers. send us a tweet or post your comments on facebook. also, you can e-mail us. we will begin with the front page of the washington times for our question for all new this morning, there headline -- do you think this could be a cure for gridlock? the new york times also has this headline this morning -- we want to hear from you this morning. let me give you the phone numbers again. how d

he is the most reasonable, responsible person in washington and the president knows that. the fiscal cliff looms at the end of the year. will we reach a compromise before then, charles? >> i do not think it will be a comprehensive compromise. i think they will be able to patch something together. i think they will be able to agree on it true tax reform sometime next year. i think they will get past the cliff. if he insists on raising rates, he will be stymied. >> what is the message? >> it is a mixed message. i think we all agree the cornerstone of the president from message is we raise taxes on those earning over $250,000. mitt romney pledged to repeal obamacare. these are the essential points of their candidacies. i think he can point to that. but at the same time, he has to deal with the republican house and john painter has to deal with the republican house. john boehner -- he is not being humbled by saying that he is the best that the president has in the republican congress. >> does the president have a mandate out of this election? >> he does not have a mandate, but he has a l

>> pelley: tonight, can they fix washington now? the politicians who brought us gridlock are reelected. >> tonight you voted for action, not politics as usual. >> let's rise above the dysfunction and do the right thing together for our country. >> pelley: reports from nancy cordes, dean reynolds and anthony mason. a countdown begins to automatic tax increases and huge budget cuts. wyatt andrews on the fiscal cliff. a nor'easter bears down on shores ravaged by sandy. ben tracy is there. we'll have the forecast. >> i don't know if we can mentally handle another storm. >> pelley: and one secret to the president's success was the changing face of america. anna werner on the new voters who helped push him over the top. captioning sponsored by cbs >> this is the cbs evening news with scott pelley. >> pelley: good evening. this is a spend one-hour edition. >> pelley: good evening. this is a special one-hour edition. $6 billion was spent on political campaigns and when they were over nothing much changed. republicans will still control the house, democrats the senate, and barack

in washington. compromise is a nice thought, but is it possible for the republicans and white house to come together and avoid the approaching fiscal cliff? >> and right now, 300,000 people still don't have power in the wake of hurricane sandy. gas rationing helped some. but as temperatures droppedangry new yorkers want the power company held accountable. live in the nation's captital starts now. >> 12 days later thousands of people don't have power. many feel abandoned and a lot of finger pointing going on. and no straight answers. peter doocy is looking at why they are blamed and we begin with anna on how residents feel at this hour. >> hey, there. we have one of six dumping stations here on staten island and a breath taking sight to see. we watched the debris piling up. and the nor'easter slowed progress some and definitely an active scene today. residents are complaining that aid is slow to come. i spoke with the federal accord nading officer for fema who said 26 disaster recovery set up. food, water and information and hot spots there and working to set up more internet access for folk

. we will let you know what's going on today here in washington, around the country and around the globe and we will give you a chance to sound off, our little two-way town hall here every morning and i have got to tell you it was fun yesterday, vice president joe biden did his bid to boost the economy. he went shopping. he went to costco here in washington, d.c. and showed us with his own costco card and showed up witha firewood and a t.v. and apple pie. god bless america. lots to talk about this morning. let's find out first what's going on. here is the latest from lease a ferguson out in los angeles. hi, lisa. good morning. >> hey, bill. good morning, everyone. well, president obama is taking his fight over the fiscal cliff today heading to hatfield, pennsylvania. he is going to tour the rhodon group manufacturing facility. >> that's a place the white house says is one of the many businesses that depends upon middle class shoppers this holiday season. rhodon manufactures connect brand. that time group sells toys like angry birds building s

this big this fast? bill kristol is influential with republicans in washington. i'm stunned with what i'm hearing? >> i almost fell out of my chair when boehner said revenues. the idea of increasing revenues. that's a central argument that we have been having over the last four years, and the very expensive i told you so i guess. if we're going to get to this problem, we have to deal with revenues, we can't just do it all on the spending side. >> jonathan capehart, there is bill kristol teaching republicans how to talk about this. but it does involve a word for word refutation of what they said in the past, that higher rates will kill the economy. there is bill kristol pointing out how we've done perfectly fine under higher rates in the past. >> what he's trying to get through to republicans, particularly the new class that came in in 2010, okay, you campaigned on all of these promises, but now it's time to govern and things have come to a standstill in washington over the last two years, and now with the fiscal cliff or fiscal curve coming, and the president being re-elected with more

on the dysfunction in washington that americans said they hate. they went to bed election night hoping to fix that. speed really matters here. in just seven weeks the bush tax cuts expire, automatic spending cuts agreed to by both parties kick in. we call it the fiscal cliff and even though it's more like the fiscal steep slope it could do some very bad things to the economy. concerns about rolling down it or falling off it or whatever you want to call it have made markets nervous and credit rating agencies and economists of all stripes are warning about the consequences of not hammering out a deal in time. politicians in both parties, they've been sending out mixed signals ever since the election. on the one hand they're talking about common ground. take a look. >> we want our children to live in america that isn't burdened by debt. that isn't threatened by a warming planet. >> the nation as you know is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. >> if there's a mandate in yesterday's results it's a mandate for us to find a way to work toget

>>> this morning on "meet the press" -- an unfolding scandal in washington. and a new battle over the fiscal cliff. the election celebration is short-lived. a surprise resignation by cia director david petraeus comes days before congressional hearings over the attack on th u.s. consulate in benghazi. we'll get reaction this morning from capitol hill and the very latest reporting on this developing story from our chief foreign affairs correspondent andrea mitchell, who broke the story friday afternoon. also the president and republicans get set to negotiate new taxes and spending cuts. is a breakthrough possible? >> i'm open to compromise. i'm open to new ideas. we've debated over and over again. and on tuesday night we found out that the majority of americans agree with my approach. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans but as americans. now, we want you to lead. >> where does it all go from sneer we'll ask democratic senator from new york chuck schumer and republican senator from oklahoma tom coburn. also we check in with cn

. >> and in washington, msnbc and "time" senior political analyst, mark halperin. thanks so much, everybody, for being with us. >> morning. >> a very provocative, according to "the wall street journal," proposal that tim geithner brought over to the republican leaders yesterday. >> how'd that go? >> "the new york times" said it was, quote, loaded with democratic priorities and short on spending cuts. i'm just curious, it didn't go well. obviously, mitch mcconnell laughed at the offer, which i would have laughed at the offer, too. >> you would have laughed out loud at the treasury secretary? making a presentation? >> you know what i actually would have said? >> what? >> listen, we're all busy people. this is a critical time. if you're going to come over here and insult us and intentionally try to provoke us, you can do that. but i'm going back to work now. and i'd walk out. listen, this thing, $1.6 trillion of revenue, of new taxes, no specific cuts according to "the new york times" and "wall street journal." actually, $50 billion more in stimulus spending and no specific spending cuts. it was a nonsta

to washington and whether the white house and congress can put aside campaign bitterness to reach a deal avoiding the so-called fiscal cliff. last night house speaker john boehner insisted he's optimistic about an agreement telling abc's diane sawyer he is, quote, the most reasonable responsible person in washington but he's also not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about -- >> i made clear yesterday that raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. >> at issue here, a perfect economic storm that could have serious consequences. nbc's andrea mitchell breaks it down for you. >> reporter: the campaign was tough. victory is sweet. now comes the hard part. >> on january 21st, 2013, there's going to be a massive fiscal cliff of large spending cuts and tax increases. >> reporter: so what exactly is the fiscal cliff? it's a nightmare combination of tax hikes and spending cuts that congress and the president agreed to to force thems

>> "inside washington" is brought to you in part by the federal association of employees, proud to make the gornment work. >> production assistants for "inside washington" provided by albritton communications and "politico." >> we have to pick ourselves up. we have fought our way back. and we know in our hearts that for the united states of america, the best is yet to come. >> this week, the post-election rubio. >> i still wish i had been able to fulfill your hopes to lead the country in a different direction. >> and where do we go from here? >> mr. president, we stand ready to work with you. >> the republicans take a look at their game plan. >> i think republicans have done a lousy job of reaching out to people of color. >> an amazing campaign. let me be clear. i did not bill that. you build that. >> also a look at ballot initiatives, including legalizing pot. >> this is the best day of my life. captioned by the national captioning institute --www.ncicap.org-- >> it was a long, anxious night for a lot of people in this town and across the nion,ut then the networks called ohio a

to be with you. i'm terrell brown. we begin in washington. there is a new sense of urgency to avert a looming fiscal crisis. it's the so-called fiscal cliff a combination of tax hikes and spending cuts scheduled to kick in next year. both democrats and republicans are talking compromise but we have heard this all before. and in the just released report from the nonpartisan congressional budget office predicts dire consequences unless it's resolved. tokyo's nikkei and hong kong hang seng were down 1% and wall street investors are selling. the dow jones industrials were down 434 points the last two days. today president obama in his first post-election comment will address the nation's fiscal problems. susan mcginnis is in washington with more on all of this. >> reporter: good morning. you know, not everyone believes that the consequences of going over this fiscal cliff are going to be so severe. people are talking about a global financial crisis, another u.s. credit downgrade. those who do say there absolutely has to be a compromise. shortly after the confetti fell on election night both sides

to washington. and now today to them it seems so close they can taste it. because although john kerry is still a senator from massachusetts, after his very high-profile role in the obama campaign and speaking gig at the democratic national convention, after that john kerry's name was put forward as one possibility, a leading possibility to succeed hillary clinton as secretary of state. that, of course, would result in him leaving his senate seat after all, which would mean there would be a temporary ae re placement appointed and then there would have to be another special election to fill the rest of his term where scott brown would be the republican nominee again. which would be the best chance of putting a republican in the senate any time soon. which is why republicans got so excited when john kerry's name was floated. his name was floated along with one other name for that job. republican senators were very, very quick to point out that they really prefer john kerry to be the nominee for secretary of state. a ringing endorsement for john kerry from republicans in washington. because if joh

another fight in washington. >> there are really two issues there. >> a revenue side, yes. >> where is that revenue going to come from? >> increasing tax rates is going to harm economic growth. >> warren buffett was out this morning talking about tacking the wealthy. >> time to make the tax rates more progressive. >> that's just silly. >> grover norquist, he wanted ground government in the bathtub. i hope he slips in there with it. >> medicaid, social security. >> this is not part of the conversation. we're not going to raid social security. just another fight in washington. >> there's going to be blood and hair and eyeballs all over the floor. >> i'm more positive than most. >> if not, we go off the supposed cliff. >> the fiscal cliff or slope. the bump of various height. >>> thelma and louise might need to make room in the car for the president of the united states. at the white house today, senior obama administration officials met with liberal leaders and union officials. "the washington post" reports that one told him after the meeting, quote, would the white house go off the c

's play "hardball." >>> good evening i'm chris matthews in washington. let me start with this war in washington. say what you will about the election we just had. this one's hotter, nastier, more personal. one side says it's about character, about whether a close confederate of the president told the truth, the whole truth as she knew it when she went on national television and said the death of a u.s. ambassador was a spontaneous reaction to an anti-muslim video, some trouble-making clown made out in california. ignoring john mccain and his ail argue evidence it was an organized act of terrorism. not so says the president. his u.n. ambassador and close friend simply told the truth as she was permitted to tell it, what the cia gave her to say and no more. for that he charges susan rice, in the words of the new york post, being fried. political fight fans on the tabloids relish this extreme combat what should be a good person's judgment? that's my question tonight. is susan rice now a surrogate for the president, someone to take the punishment when others above her pay grade should

the pundits are saying in washington but what people back home are thinking about the future and what this election means. so jim, you're going to get the last word. >> thank you. in terms of consensus, i do agree with, i guess stan also the immigration is something there will be some forward progress on. i also agree with stan on the health insurance issue is probably some of plato. i was struck when the shootings happened in aurora, colorado, over the summer, that is exactly the demographic of people who don't have health insurance, young working-class kind of people. and the hospitals all said of course we will pay for all their bills and stuff. we will find the money from somewhere through some mechanism, come may. we always have. entrance a prediction, again i'm a little bit and -- i met with the doctor this money at an age. there's a congressman named rob andrews is a democrat of new jersey, 11 terms, a fairly secret guy, democratic conference, who had an article in "the wall street journal" inception in what she calls for an effort on medicine. he said specifically we should be

to change washington solely from the inside. that is what the president has always believed, that we need the american people to keep pushing on washington and their leaders. you just cannot transfer this. people are not going to spend hours away from their families and their jobs contributing financially when it is are for them to do it unless they believe in the candidate. all of this, the door knocks, the contributions made, the phone calls made, or because these people believed in barack obama. for candidates who want to try and build a grass-roots campaign, it's not going to happen because there is a list are because you have the best technology. they have to build up the kind of emotional appeal so people are willing to go out there and spend their time and resources and provide their talents because they believe in someone and what they are offering. we are hopeful that many people that helped us this time will end up running for office themselves, are leading nonprofit, or playing enormously valuable roles in their community. again, i think the only reason all this happened on the

overseas but also has to do with the approaching fiscal cliff. in washington, fox news. >> president obama will become the first sitting u.s. president to visit the southeast asian country of berma later this month. it was a repressive military regime. the white house has encouraged the move towards democracy. the visit was announced this morning. >> election official inside virginia are thinking of solutions to the long lines of voters forced to wait during tuesday's election. voters shouldn't have to wait more than an hour. using optical scans instead of touch screens and bringing in more voting machines. the problem is being blamed on a high voter turn out and few voting machines. >> with the election in the books metro is looking ahead to the inauguration. that's also martin luther king junior day. smart trip cards are already on sale. there will be rush hour service for 17 hours on inauguration day from 4 a.m. to 9 p.m. peak fairs will be charged during that time. and charge for parking in lots. and that will be paid on the way out by smart trip card or credit card. >> the museum want

to washington today after winning the electoral college, the popular vote and a second term. good evening, i'm judy woodruff. >> ifill: and i'm gwen ifill. on the "newshour" tonight, kwame holman wraps up the results and the reaction and ray suarez reports from chicago on the president's day. >> woodruff: we assess the tactics that led to success for the obama campaign and failure for mitt romney. >> ifill: we examine the messages voters sent yesterday with jeffrey brown, who looks at the makeup of congress and the new laws around the country. >> woodruff: what to do about the fiscal cliff, healthcare and immigration? we explore the challenges ahead in the next four years. >> ifill: and back with us again, for analysis, are mark shields and david brooks. >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and

me now, cnbc washington reporter eamon javers. you heard the numbers we just ran down. what is the short-term tangible consequence if we don't get action on the fiscal cliff. >> cote is right, it does cause uncertainly. life is uncertain and so they know that there's going to be this issue and that washington is going to wrestle with it. in the short term, the very short term, i think actually some of the hype around the fiscal cliff is a little overblown, particularly because the first couple of days or week or so after we go over the fiscal cliff we won't see all that many impacts. all these tax and spending impacts take months to go into effect. it doesn't impact the economy until people start paying taxes, which could be several months down the line for most americans. on the spending side as well, spending is built into the cake so again you'd be looking at stuff that would be impacting the out months. for the first couple of months, no real specific impact. the big thing to worry about is whether wall street freaks out or not about the fact that we've gone over the fis

>>> at long last, feigned washington outrage has been replaced by actual washington outrage. it's friday, november 30th. this is "now." >>> joining me today, host of the aupon muss msnbc show melissa harris- perry is here. could it be that democrats are a little caught up in powerball madness? this is the reaction of a maryland man reportedly watching each lottery number fall into place and realize he may get everything he's ever wanted. yesterday treasury secretary timothy geithner went to capitol hill with a proposal that included everything the white house wanted. it has two stages. phase one, to be agreed on before the new year would raise nearly $1.6 trillion in new tax revenue including raising the top two marginal rates, ask for $50 billion in stimulus spending and a permanent end of congress' ability to prevent debt ceiling increases and nonspecified cuts to entitlement spending. phase two more friendly to republican interests calling for $400 billion in unspecified cuts to entitlement programs with no guarantees. the chances of this plan making it through congress may b

. and by contributions to your pbs station from viewers like you. thank you. >> warner: washington's clock ticked another day closer today to automatic tax hikes and spending cuts, the so-called "fiscal cliff". the president took to the road, while republicans warned there's a deadlock in efforts to reach a deficit deal. >> now, of course, santa delivers everywhere. i've been keeping my own naughty and nice lists for washington. >> warner: the president chose a seasonal setting, a toy factory in hatfield, pennsylvania, and holiday imagery to press again for extending tax cuts for the middle class. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1. i mean, i... i'm assuming that doesn't sound too good to you. >> no. >> that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> warner: in washington, republicans portrayed the road trip as so much humbug, at a time, they said, when negotiations are going nowhere. >> there's a stalemate. let's not kid ourselves. >> warner: house speaker john boehner said republica

>> as they returned to washington this week, some lawmakers from both parties were talking about compromise to avoid the january fiscal cliff, showing a willingness to put spending cuts and revenues on the negotiating table. the white house warned that the uncertainty of potential tax hikes for middle-class taxpayers could hurt consumer confidence during the holiday shopping session. that could have a big effect on the economy. the washington post writes that the white house is ratcheting up pressure to avoid the fiscal cliff. on c-span tonight, we will bring you some of the house and senate debate from august of 2011, when congress passed the budget control act that triggered cuts to take effect on january 1. we will also hear from president obama, who signed the deficit reduction measure into law, part of the deal to raise the debt ceiling. first, senate majority leader harry reid and republican majority leader mitch mcconnell will talk on the senate floor about the january fiscal deadline. >> since our country voted to return president obama to the white house, i have spoken o

a possible review of the military drone strategy. "washington journal" is next. host: good morning. welcome to "washington journal." congress returns to washington with the clock counting down on time left to tackle the tough fiscal cliff and make decisions about taxes, spending, and budget cuts. states are looking at how they can be affected. a question for you this morning, whether states should have a say in budget talks. here are the numbers to call. if you can also find us online. here is the headline in "the new york times." the pew center has a new study out called "the impact on the fiscal cliff on states." here is what it says. we would do more into these and how they will specifically affect states on an individual basis. there is a question on whether the fiscal cliff would hurt. it says -- our question for you this morning is whether the states should have a stake of in negotiations. looking more in the story "the new york times." it says -- some of the benefits states could receive, nobody is retained that president obama and republicans in congress will fail to reach

with us to find out who it is. wall street is obsessed. washington stocks fell for the second straight day. >> they will place higher and higher taxes on small businesses and family farms and on every working family so that government may once again grow at the people's expense. >> that was the famous line from president reagan in 1984 and really nothing has changed. we put together some numbers for you. for 2012, it is going to come in at $3.7 trillion. at 11:00 am eastern time tomorrow, cnbc is going to show it live. president obama is heading back out on the road to sell his fiscal solution. meanwhile, not everybody is happy with his barnstorming. sitting down and working out an agreement, he is back on the campaign trail presumably with the same old talking points. what we don't know is if he can lead his party to a bipartisan agreement on bis issues like we currently face. to explain these mysterious incantations, we are pleased to welcome back senator toomey. there is about a month to go. how is this going to end? help us out. >> i sure wish i knew. i think the opportunity is still t

. then the new year will bring higher taxes and huge spending cuts unless a divided washington cuts a deal. we will talk with four congressional leaders who will play big roles in trying to find a compromise. republican senator and congressman tom price and democratic senator ken conrad. plus president obama looks ahead to a second term while republicans look to regroup. we will ask our sunday panel about what both sides need to do moving forward all right now on "fox news sunday." >> hello again from fox news in washington on veteran's day when we honor the military for their service to our nation. sadly we begin with a dramatic fall from bragrace of one of th most respected military men of this generation retired four star general and cia director general petraeus stepped down after admitting to an extra marital affair. to discuss that and the deadly terror attack in libya is the chairman of the senate committee diane finestein senator. welcome to fox news sunday. in a statement you said you understand petraeus's decision to resign but you wish president obama had not accepted that. after mo

. amid-all of this in the world, today washington was consumed with two issues. the first was the start of negotiations to head off a deliberate crisis that d.c. created for itself so they could come to a few new deal between the parties and congress on spending and taxes and the deficit. that negotiation started today. the white house said top staffers will be continuing those negotiations that started today even while the president is off on this big historic trip to asia. the other thing consuming washington is the investigation into what happened in benghazi. in the midst of his sex scandal, but the head of the cia david petraeus testified to congress today about libya behind closed doors. we'll have more on that in a moment. but while all of this is unfolding in american politics, globally and in washington, there's a whole other level of things unfolding in american politics that's happening further down the food chain. what's happening there, i think, is rather off the hook. in a way that might be good news for the country. but for now, it's just worth seeing. >> a controversial

members of congress, returning to washington after a break. let us look at one of these interesting turnouts, the fifth district of arizona. coming back to congress, 67% of the vote. he left the house in 2000 after a self-imposed term limits. alan grayson, the democrat, is a liberal member of congress who lost his seat two years ago. another member who is back -- and bill foster, in illinois. he defeated the republican in that race. this next race has not yet been called by the associated press, but is shaping up to be contentious. rick nolan, a democrat, in the lead against the republican. rick allen has been out of office for three years. nv's first district is the tightest. democrats, 64% of the vote. she is a one-term member of congress who lost her seat last time around, a will be returning to representation. in new hampshire is first district, the democrat has won that seat. she will return to congress, representing her district, the first of new hampshire. new york state, we can look at the races. the 24th district -- in that one, hit the democrat is defeating the congresswom

that demographic shift. i remember when i came to washington. i remember writing an article for it -- remember that --public opinion magazine? >> yeah. i think you will see people start to write about a democratic electoral lock due to the changing demographics. we are seeing an electorate where the democrats are doing well among african-americans, hispanics, asians, younger voters, and white liberals. now that needle appears to have moved slightly to the democrats, so that if you have a kind of normal base election, the democrats have a very slight advantage. i think most people say we will continue to grow over time, unless the republicans do something to make inroads into some of the court demographics. if you look at the house races, you have to be cautious because the -- about the big message you are drawing. yes, the democrats gained what looks to me by my count about eight house seats. half their gains have to do with coming from illinois and california and are largely redistricting gains. but republican still control the house. what would you say was the democrats' message this electio

making unless washington acts. $7 trillion in across the board tax hikes and spending cuts over the next decade mandated to begin in january. it's the legislative equivalent of a slow motion train wreck that washington can avoid. the question, will congress and the president drive that train over a cliff? >> we won't solve the problem of our fiscal imbalance overnight. >> the elections are over. the threats to our economy are not. time to get to work. and there is lots of work to be done. starts with averting the disaster of our own making. i repeat that. the fiscal cliff. we've got it covered frommive angle. christine romans is host of "your bottom line," richard quest of "quest means business," david walker spent a decade oversaeg the federal government, how it spends your tax dollars as the u.s. comptroller general. today he's the ceo of come back america. he's an unapologetic deficit hawk. mohammed al arian is the ceo of pim he could. his firm is the largest investors in bonds. and stephen moore is the founder of the low tax advocacy group club for growth. i'm going to start

don't understand his brain, so you should ask him. okay? >> ouch. athena jones live from washington. same old same old. where do we go from here? >> that's the big question. the nice talk after the election is pretty much gone away. you mentioned one of the big sticking points, that's taxes. republicans and democrats can't agree on how to raise the tax revenue? end the bush tax cuts for the wealthy, close the loopholes, raise the capital gains taxes or all of the above. right now, they can't agree on how much money should be raised on the revenue side. let's listen to more from harry reid about the democrats stance on this. >> we are ready to protect middle class families by freezing the tax rates for the first $250,000 and letting the rates go to the same level they were during the clinton administration. the republicans know where we stand. we have said it so many times, the president said the same thing. >> you know, reid is right. republicans know where the democrats stand. republicans feel that there's been way too much focus on this whole tax issue and not nearly enough of an

, connecticut and washington, d.c. >>> 7:05. president obama is back in washington, d.c. this morning. still facing the challenges of a divided congress. the president and his family returned to the white house overnight. before returning to washington, the president called congressional leaders and urged them to work together in a spirit of bipartisanship to cut through the gridlock. coming up at 7:15, the chances the president and congress will be able to keep the country from going off a fiscal cliff at the end of the year. >>> we're just three hours away from the grand opening of the paragam outlets in livermore and shoppers are expected to turn out in big numbers. claudine wong is live there with the impact this is expected to have on the economy. >> reporter: good morning. 130 stores. a lot of people looking for bargains. you have a big boost to the community. i want you to take a look down here. you can see a lot of folks down there, just starting to show up. they are getting the stores ready. these are all folks who want to make sure that everyone is exactly right when people show up

for washington to get in gear. do something about it. this fiscal cliff business could affect just about every single one of us, and you can bet there's plenty going on behind the scenes. this past hour we heard from the president in the east room of the white house basically announcing he's inviting leaders from both houses of congress and from both political parties to meet with him at the white house next friday. just a couple of minutes ago, we heard the president say he's open to compromise and open to new ideas, but there's one point the president is sticking to -- higher taxes for people making higher incomes. take a listen. >> i refuse to accept any approach that isn't balanced. i'm not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me, making over $250,000 aren't a asked to pay a dime more in taxes. >> two hours before we saw the president, we saw the house speaker, republican, john boehner, said quote, everything on the revenue side and on the sp spending side has to be looked at but when it comes to specifics he put the b

in washington. >> so the jury is still out. and i'm saying this, this is a point i want to raise with you, adam lashinsky, the knee jerk response, fema is doing a great job, how do you know? how do you know? i just find it offensive when officials who are supposed to be providing help so sure early on that they are. and that is, as these others were pointing out, you could go do aerial shots over staten island at some points looks like mogadishu. and the fact of the matter is, quite rightly we're all over administration officials when it looked like the response to katrina was delayed. and i don't believe we applied the same litmus test this time around, but it is what it is. they have a test the responsiveness of agencies and not reward them with more money, before we know how successful. at this point i would say not suck'sful at all. >> hold on, i almost completely agree with you, neil. where i will give the elected officials the benefit of the doubt, they want to try to be hopeful, right? they want to try to give people something good about, thank you for the good stuff you are doing. >> yo

washington has not pushed both sides hard enough. >> the peace process yielded by the united states has helped nothing for the palestinians. at the end of the day, this is about land. >> reporter: a major concern for israel is that the palestinians could now use their new status to press the united nations criminal court to press the occupiers in the territory. today, they are threatening to punish the palestinians by withholding u.s. aid, brian. >> andrea mitchell in our washington bureau tonight, thank you. >>> and then there was that lunch at the white house today, the president and mitt romney who arrived at a side door, walked in and sat down with the man who got the job he wanted so badly. kristen welker has more on the story. at the white house with more on the sit-down between two former rivals, good evening. >> reporter: brian, good evening to you. this lunch was really more about optics than substance. and mostly, it was striking a tone of bipartisanship after a decisive campaign. formerly bitter rivals, mitt romney and president obama, hoping to show they have put past differ

was disclosed. >> this week on "inside washington," a sex scandal at the top of the cia. the benghazi blame game. >> the american people deserve to know the facts. we cannot ever let this happen again. >> why would susan rice not get our vote? i don't trust her. >> defending susan rice. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. >> there are no barriers to sitting down and beginning to work through this process. >> as the fiscal cliff loans, is there a deal in the works? mitt romney explains why he lost. >> the president's campaign focused on certain members of his base coalition, give them extraordinary financial gifts from the government, and worked very aggressively to turn them out to vote. captioned by the national captioning institute --www.ncicap.org-- >> well, i just don't know where to begin this week. do we talk about republican charges of a cover-up with regard to the attack in benghazi? do we talk about sexual liaisons and e-mails? to talk about israel and gaza, the possibility of the fiscal cliff? let's start with the sex.

washington come together to solve a looming crisis? and, more misery for a region that's still reeling from sandy. >> everything is vulnerable. the coast line is vulnerable. trees are vulnerable. people are vulnerable. homes are vulnerable. >> shepard: another storm takes aim at people still recovering from sandy. >> this is it. i'm getting -- walking around -- >> shepard: tonight, tracking the nor'easter. >> shepard: plus, history at the ballot box. voters approve same sex marriage and make it legal to smoke pot just for fun. but one governor says don't break out the munchies just yet. first from fox this wednesday night, we'll get to the politics news but first the are in easter that's happening right now and slamming some of the areas that the super storm sandy disseminated just days ago. it's already knocked out power to tens of thousands more people. the powerful storm hitting parts of new york, new jersey, and pennsylvania. here in the big city, the long island railroad that carries millions of commuters is now shut down. overcrowding has forced officials to close down penn station. t

things done in washington -- supporters are gathering now -- to bring america to the white house and in so doing, basically get the american people to ratify the change that the president would like to see happen on capitol hill. >> yeah. this is one of the lessons he's learned from the obama care battle where he had no outside game. he basically told the left and all the folks who had supported him during the 2008 campaign, sit down, we've got this, we're going to do it through rahm emanuel, legislative wheeling and dealing. that didn't work so great. the other side flooded the capitol with people carrying guns so now he's mobilizing his base to try to get this done. >> and let us hear him mobilize that base. the president speaking at the white house. >> thank you so much. thank you, everybody. please have a seat. thank you. thank you very much. everybody, please have a seat. except you guys. don't sit down. well, good morning, everybody. >> good morning. >> you know, there's been a lot of talk here in washington about the deadlines we're facing on taxes and deficits. these dead

is now going to get characterized. good morning from washington. it's thursday, november 29, 2012. in case you've been in a bunker all night, the winning powerball numbers are 5, 16, 22, 23, 29. the powerball number itself is 6. the reason i'm here and the reason my entire staff showed up for work today is because nobody here won. let's get right to my first reads of the morning. this morning, mitt romney comes to washington. the last time president obama and romney came face to face they were locked in a bitter fight for the presidency. today they'll try to bury the hatchet as the president makes good on his election night promise to engage with romney, one' elaborated on in his first post election news conference. >> i do think he did a terrific job running the olympics. he presented some ideas during the course of the campaign that i actually agreed with and so it would be interesting to talk to him about something like that. >> this is a meeting, it's safe to say neither the president or romney is thrilled about doing. but they're doing it because it's the right thing to do af

. welcome back. i'm bill griffeth. we're going to get to those wild statements out of washington in a minute. you can see when they happen when we show you today's chart. speaker boehner's comments pushed the market lower. then other comments brought them back a little bit. the dow is up just 45 points right now at 13,030. the nasdaq also trading higher today. last i checked, it was up 21 points. there it is at 3,013. that's about the high for the session. the s&p is up about seven points at 1416. >> a bit of a roller coaster ride today after fiscal cliff comments from both parties. >> eamon javers on capitol hill is following the drama, which changes moment by moment. >> absolutely, bill. it's been a bit of a roller coaster ride, as you say, on capitol hill with duelling press conferences today. follow along with me here on what each person said from each party and how that impacted the market, starting with speaker john boehner. here's what he had to say early in the day. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real

now, on fox news sunday. ♪ >> chris: and hello, again from fox news in washington. we'll talk with our guests in a moment but first an update on the tense military situation on the gaza border. leland vittert has the latest. leland? >> reporter: chris, israel is very much a country on the brink of war. we have seen hundreds, if not thousands of tanks and personally carriers, ready to push into the gaza strip, in a moment's notice, because the airstrike simply did not stop the rockets flying out of gaza, towards israel. and the iron dome intercepted a number of those rockets today. however, about 8 or 10 got through, causing a half dozen injuries inside of southern israel. and, for the israelis, the airstrikes continued pounding away, day five of hitting the gaza strip, so far the airstrikes killed 50-plus people, half of them civilians, including a number of children and the air forces hit almost a thousand targets, and, leveled much of hamas's infrastructure, inside of the gaza strip. as for the ground war, which certainly caused more civilian casualties, a major escalation. israel ca

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